Garv Industries Limited IPO

Garv Industries Limited

Issue Open

Apr 12, 2018

Price Band

₹ 10

Issue Size

₹ 3.20 Cr

Credit of Shares to Demat

-

Issue Close

Apr 17, 2018

Bid Lot

10000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

10000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Apr 25, 2018

Refunds

-

About the company:

Garv Industries limited is involved in the business of multiproduct trading and distribution of a range of aluminum and textile products. Currently the company has around 10+ employees on its payroll.

Date of establishment: Garv Industries limited  was established in 2017.  

Product & Service Offering: Company has numerous aluminum products and textiles products for its customers and clients.

Promoters of Garv Industries limited: Mr. Rishu Agarwal, Mrs. Daya Bansal, and R S Services Private Limited (RSSPL) are the promoters of the company

Customer segment: The company offers its services to business and retail customers

Objects of the Issue: The Objects of the Issue is to raise funds for:
-      Maintaining the working capital requirements;
-      Funding expenditure for General Corporate Purposes

Company Financials:

Particulars

For the year/period ended (in Rs. Lacs)

 

31-Jan-18

 

 

 

 

 

Total Assets

1,036.35

 

 

 

 

 

Total Revenue

1,459.18

 

 

 

 

 

Profit After Tax

11.43

 

 

 

 

 

 

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